Silicon and Ferrosilicon Sales

Silicon and Ferrosilicon Sales Market Outlook

The global Silicon and Ferrosilicon market was valued at approximately USD 46 billion in 2023 and is projected to reach around USD 70 billion by 2035, demonstrating a compound annual growth rate (CAGR) of 5.5% during the forecast period. The growth of this market can be attributed to the increasing demand for silicon in applications such as electronics, solar panels, and the aluminum industry. The rise in renewable energy initiatives and the growing importance of electric vehicles are further propelling the need for silicon-based materials. Additionally, the rise of lightweight materials in manufacturing processes boosts demand for ferrosilicon, particularly in the production of steel and alloys. The overall market expansion is also driven by technological advancements that enhance production efficiency and product quality across various applications.

Growth Factor of the Market

The Silicon and Ferrosilicon market is experiencing robust growth due to various factors, including the increasing consumption in end-use industries such as aluminum, electronics, and renewable energy sectors. As nations transition towards cleaner energy sources, the demand for solar-grade silicon is surging, fueling production capacity expansions by leading manufacturers. Furthermore, the global push for lightweight materials in automotive and aerospace applications has significantly increased the use of silicon and ferrosilicon alloys, thus boosting market growth. The ongoing research in nanotechnology and advanced materials presents new opportunities for the application of silicon in innovative products. Additionally, the rising standards for energy-efficient electronics are expected to further accelerate the adoption of silicon materials, thereby driving the market forward.

Key Highlights of the Market

• The Silicon and Ferrosilicon market is projected to grow at a CAGR of 5.5% from 2025 to 2035.
• Silicon Metal is expected to dominate the product type segment due to high demand in the aluminum industry.
• Rapid growth in the renewable energy sector, particularly solar and wind, significantly impacts demand for solar-grade silicon.
• Asia Pacific remains the largest regional market due to robust industrialization and increased manufacturing activities.
• Direct sales channels are anticipated to account for the majority share of distribution channels owing to established relationships between manufacturers and end-users.

By Product Type

Silicon Metal:

Silicon metal is a highly purified form of silicon that is used predominantly in the aluminum industry, where it is alloyed with aluminum to enhance its properties. This type of silicon is essential for producing lightweight and durable materials that are increasingly sought after in automotive and aerospace applications. The demand for silicon metal is expected to grow as manufacturers strive for more energy-efficient designs, thus increasing the overall productivity of silicon-based materials. Moreover, the trend towards recycling aluminum is further contributing to the growth of silicon metal, as it is a crucial element in improving the quality of recycled aluminum products. The investment in technologies that enhance the extraction and purification processes of silicon also signifies a positive outlook for this segment, with companies striving to meet the sustainability benchmarks required in modern manufacturing.

Metallurgical Grade Silicon:

Metallurgical grade silicon is extensively used in the production of ferrosilicon and is a significant component in the steel and aluminum industries. It is characterized by its lower purity levels compared to other silicon grades but still offers crucial benefits for enhancing the mechanical properties of alloys. As global steel production continues to rise, driven by infrastructure developments and urbanization, the demand for metallurgical grade silicon is expected to witness substantial growth. Furthermore, the increasing focus on energy-efficient steelmaking processes is propelling the use of this silicon type, particularly in electric arc furnaces. The metallurgical sector’s ongoing innovation and technology integration, alongside improved production techniques, will likely enhance the competitiveness of metallurgical grade silicon in the market, ensuring its pivotal role in future manufacturing processes.

Chemical Grade Silicon:

Chemical grade silicon is utilized primarily in the production of silicones, which serve various industries including automotive, electronics, and personal care. Its high purity level makes it suitable for applications requiring stringent quality standards. The growing demand for silicones, particularly in the healthcare and consumer goods sectors, is anticipated to drive the expansion of the chemical grade silicon segment. Additionally, advancements in chemical manufacturing processes and increasing investment in research and development activities are likely to enhance the product's versatility and application range. The rising consumer awareness regarding sustainable products has also led to a significant shift in the demand for eco-friendly silicone-based solutions, thereby bolstering the market's growth trajectory. Overall, the chemical grade silicon segment is expected to thrive owing to its diverse applications and the innovative evolution of silicone-based products.

Solar Grade Silicon:

Solar grade silicon is primarily used in the production of photovoltaic cells for solar panels, a segment that has witnessed exponential growth due to the global shift towards renewable energy sources. The increasing adoption of solar energy solutions, driven by favorable government policies and subsidies, is a key factor positively impacting this market segment. As countries aim to reduce their carbon footprints and transition to sustainable energy systems, the demand for solar panels is expected to surge, thereby propelling the need for high-purity solar grade silicon. Moreover, technological advancements in solar cell manufacturing processes are leading to improved efficiency and cost-effectiveness, further enhancing the attractiveness of solar energy. Investments in research to develop new silicon-based materials and enhance the longevity of solar panels are also anticipated to provide significant opportunities within this segment, fostering industry growth over the coming years.

Ferrosilicon:

Ferrosilicon, an alloy of iron and silicon, is primarily used in steel manufacturing and foundry applications. It enhances the strength and fluidity of molten metal, making it a critical component in producing high-quality steel and iron products. The increasing demand for high-performance steel in construction and automotive applications is expected to drive the ferrosilicon market significantly. Additionally, the push for more sustainable practices within the steel industry has led to a surge in the adoption of ferrosilicon, as it allows for the recycling of scrap metal while retaining high quality. The continuous advancements in ferrosilicon production techniques and growing investments in the steel sector further contribute to the market's expansion. As industries evolve and seek stronger and more durable materials, the relevance of ferrosilicon in supporting these endeavors makes it a crucial segment in the silicon market landscape.

By Application

Aluminum Industry:

The aluminum industry is one of the largest consumers of silicon, utilizing silicon metal as an alloying element to enhance the properties of aluminum products. Silicon improves the casting characteristics and mechanical properties of aluminum alloys, making them suitable for various applications, including automotive components, aerospace parts, and packaging materials. The increasing use of lightweight aluminum in vehicles to improve fuel efficiency and reduce emissions is anticipated to propel the demand for silicon in this sector. Additionally, the growth in construction and building projects is driving the need for aluminum-based materials, further supporting market expansion. As manufacturers continue to innovate and develop new aluminum alloys with enhanced performance characteristics, the aluminum industry will likely remain a primary application area for silicon, ensuring sustained growth in this segment.

Silicones:

The demand for silicones, which are derived from chemical grade silicon, is experiencing robust growth across multiple sectors, including automotive, healthcare, electronics, and personal care. Silicones are renowned for their versatility, offering exceptional thermal stability, chemical resistance, and flexibility. The increasing adoption of silicone-based products, especially in consumer goods and medical devices, is a significant driver of this market. The automotive industry is also capitalizing on silicones for advanced coatings and sealants, improving vehicle durability and performance. Moreover, the rising popularity of eco-friendly and sustainable materials is encouraging manufacturers to explore silicone alternatives in their products, thus expanding the application scope. This trend is expected to bolster the silicones segment, leading to further innovations and developments in silicon-based solutions.

Electronics:

Silicon is the foundational element in the electronics industry, utilized in semiconductors, integrated circuits, and various electronic components. The ongoing digital transformation and the increasing demand for consumer electronics are driving the growth of this application segment. As technologies such as 5G and the Internet of Things (IoT) gain traction, the need for advanced silicon-based components continues to rise. Additionally, the development of electric vehicles and renewable energy technologies is further propelling demand for silicon in power electronics and energy storage systems. The electronics sector's rapid evolution, characterized by continuous innovation and miniaturization, highlights the critical role silicon plays in enhancing performance and functionality. As global electronics markets expand, the silicon segment is poised for substantial growth, underlining its importance in future technological advancements.

Steel Industry:

The steel industry remains a dominant application for ferrosilicon, which is used to improve the quality and properties of steel. As the demand for high-strength steel products rises, driven by construction, automotive, and infrastructure projects, ferrosilicon plays an essential role in enhancing the mechanical properties of steel. The increasing focus on sustainable steel production practices, including the recycling of scrap steel, has led to a growing reliance on ferrosilicon in electric arc furnaces. Moreover, the quest for lighter and stronger materials in various applications is further pushing the demand for ferrosilicon as an alloying element. The continuous advancements in steel manufacturing processes and the expansion of the construction industry are anticipated to provide significant growth opportunities for ferrosilicon producers, reinforcing the steel industry's status as a primary application area for silicon.

Solar Panels:

The solar panel industry is a rapidly growing application for solar grade silicon, which is essential for the production of photovoltaic cells. With the global shift towards renewable energy sources, solar panels are emerging as a pivotal technology in achieving sustainable energy goals. The increased deployment of solar energy solutions is driven by favorable government policies, subsidies, and the declining costs of solar technologies. As countries aim to diversify their energy sources and reduce reliance on fossil fuels, the demand for solar panels is expected to surge, consequently boosting the demand for solar grade silicon. Innovations in solar technology, including the development of more efficient solar cells and modules, are also propelling market growth, as manufacturers seek to maximize energy conversion rates and enhance the overall performance of solar systems. The solar panel segment's robust growth outlook highlights the critical role solar grade silicon plays in supporting a greener and more sustainable future.

By Distribution Channel

Direct Sales:

Direct sales channels play a vital role in the Silicon and Ferrosilicon market, allowing manufacturers to establish direct relationships with end-users. By engaging directly with customers, companies can better understand their specific needs and tailor their offerings accordingly, leading to improved customer satisfaction and loyalty. This channel is particularly advantageous for high-value products such as silicon metal and solar-grade silicon, where personalized service and technical support are essential. Additionally, direct sales enable manufacturers to maintain tighter control over pricing and distribution, further enhancing their competitive edge. As the demand for customized solutions grows, the importance of direct sales channels in fostering long-term relationships with key clients is expected to strengthen, thereby supporting market growth in this segment.

Distributors:

Distributors serve as crucial intermediaries in the Silicon and Ferrosilicon market, facilitating the efficient transfer of products from manufacturers to end-users. They enable manufacturers to expand their reach and penetrate new markets, particularly in regions where direct sales may not be feasible. Distributors often have established networks and relationships within various industries, allowing them to effectively market and sell silicon products. Moreover, they provide valuable services such as logistics, inventory management, and customer support, enhancing the overall distribution process. As industries continue to evolve and demand for silicon products increases, the role of distributors in ensuring timely delivery and availability of products is expected to remain significant, contributing positively to market dynamics.

Online Retail:

Online retail is emerging as a growing distribution channel in the Silicon and Ferrosilicon market, driven by the increasing adoption of e-commerce solutions across various industries. The convenience of online purchasing allows customers to access a broader range of silicon products while benefiting from competitive pricing and the ability to compare offerings from multiple suppliers. Additionally, the shift towards digital platforms for procurement is accelerating, particularly in the wake of the COVID-19 pandemic, which has prompted many businesses to adopt online sales strategies to reach customers remotely. As companies continue to invest in their online presence and enhance user experiences, the online retail segment is expected to witness significant growth, further diversifying the distribution landscape for silicon products.

By Region

The Silicon and Ferrosilicon market exhibits varying growth dynamics across different regions, with Asia Pacific emerging as the largest market, accounting for more than 45% of the global share in 2023. The region's rapid industrialization, coupled with the increasing demand for silicon-based products in the electronics, automotive, and renewable energy sectors, underpins this growth. Countries like China and India are at the forefront, with their extensive manufacturing capabilities and government initiatives aimed at promoting clean energy solutions. The Asia Pacific region is projected to maintain a robust CAGR of 6% through 2035, driven by continued investments in infrastructure and technology advancements. Additionally, the rise of e-mobility and electric vehicles in this region accelerates the demand for silicon materials, further solidifying its significance in the global market landscape.

North America and Europe are also key markets for Silicon and Ferrosilicon, primarily driven by technological advancements and the increasing demand for renewable energy sources. The North American market accounted for approximately 25% of the global share in 2023, with a projected CAGR of 4.5% due to the rising investments in solar energy projects and electric vehicle manufacturing. In Europe, the market is witnessing a steady growth rate as governments push for sustainability and emissions reduction. The demand for silicon in the production of electric vehicles and renewable energy systems is expected to drive further growth in this region. Overall, the regional analysis highlights the varying growth trajectories of the Silicon and Ferrosilicon market, influenced by industrial developments and evolving consumer preferences.

Opportunities

As the global economy continues to transition towards sustainable energy sources, significant opportunities arise for the Silicon and Ferrosilicon market, particularly in the renewable energy sector. The increasing adoption of solar energy technologies is driving demand for solar-grade silicon, which is essential in the production of photovoltaic cells for solar panels. Governments worldwide are implementing policies and incentives aimed at promoting renewable energy usage, thereby creating a favorable environment for silicon manufacturers to expand their production capacities and innovate. Additionally, the ongoing advancements in energy storage technologies, including lithium-ion batteries, open up new avenues for silicon applications, facilitating its integration into next-generation electric vehicles and grid-scale energy storage systems. Companies that can effectively position themselves within these emerging markets will likely experience substantial growth, capitalizing on the demand for sustainable energy solutions.

Moreover, the growing emphasis on sustainability and recycling within the manufacturing processes presents another opportunity for the Silicon and Ferrosilicon market. As industries seek to enhance their sustainability practices, the demand for recycled silicon and ferrosilicon products is likely to increase. This trend aligns with the broader movement towards circular economy principles, where resources are reused and waste is minimized. Companies that invest in technologies for recycling silicon and ferrosilicon can position themselves as leaders in the market, tapping into the growing consumer demand for eco-friendly products. This shift not only benefits the environment but also enhances brand reputation and customer loyalty, further contributing to long-term business success. The convergence of sustainability and technological advancements will play a crucial role in shaping the future landscape of the Silicon and Ferrosilicon market.

Threats

Despite the positive growth outlook for the Silicon and Ferrosilicon market, several threats could potentially hinder its expansion. One significant challenge is the volatility in raw material prices, particularly for silicon and ferrosilicon. Fluctuating prices driven by supply chain disruptions, geopolitical tensions, and changes in demand can significantly impact profitability for manufacturers. Furthermore, the increasing costs associated with compliance to environmental regulations add an additional layer of complexity, as companies must invest in cleaner production technologies to meet sustainability standards. The continuous evolution of alternative materials and technologies within various industries also poses a threat to traditional silicon applications, as emerging solutions may provide competitive advantages in terms of performance or cost-effectiveness. Adapting to these changing market dynamics will be crucial for companies to maintain their competitive edge and ensure continued growth in the face of such challenges.

Another concern relates to the increasing competition in the Silicon and Ferrosilicon market, not only from established players but also from new entrants. As the market grows, more companies may seek to capitalize on the opportunities within this sector, leading to potential oversaturation and intensified price competition. Additionally, advancements in technology may enable new players to enter the market with innovative solutions, further challenging existing manufacturers. In such a competitive environment, companies must focus on maintaining high quality, optimizing production processes, and differentiating their products to retain market share. Building strong relationships with customers and investing in research and development to drive innovation will be key strategies for navigating the competitive landscape and mitigating the risks posed by potential market threats.

Competitor Outlook

• Wacker Chemie AG
• Elkem ASA
• Ferrosilicon Alloys Ltd.
• Pacific Silica & Calcium Corp.
• Dow Corning Corporation
• Shin-Etsu Chemical Co., Ltd.
• REC Silicon ASA
• Covestro AG
• SunPower Corporation
• Qingdao Huicheng New Material Co., Ltd.
• China National Bluestar (Group) Co., Ltd.
• Silicon Products Company
• H Siemens AG
• American Elements
• Norilsk Nickel

The competitive landscape of the Silicon and Ferrosilicon market is characterized by a mix of established players and emerging companies, each vying for market share in a growing industry. Major companies such as Wacker Chemie AG and Elkem ASA are at the forefront, leveraging their strong production capabilities and extensive product portfolios to meet diverse customer needs. These companies are investing significantly in research and development to foster innovation and improve product quality, ensuring that they remain competitive in an evolving market. Furthermore, strategic partnerships and collaborations are becoming increasingly common in this sector as companies seek to expand their geographical reach and enhance their technological capabilities. This trend reflects the industry's focus on adapting to changing market dynamics and consumer preferences, driving continuous growth and development.

Wacker Chemie AG is a notable player in the Silicon and Ferrosilicon market, recognized for its high-quality silicon products and commitment to sustainability. The company has established a strong presence in the renewable energy sector, particularly in solar-grade silicon, and is actively involved in advancing technologies for photovoltaic applications. Their dedication to innovation and sustainable practices positions them favorably in the face of increasing customer demand for eco-friendly solutions. Similarly, Elkem ASA, a leading provider of silicon-based advanced materials, is focused on enhancing its product offerings through technological advancements and strategic acquisitions. The company's extensive experience in various industries, including automotive and construction, enables it to cater effectively to the diverse needs of its clientele while also emphasizing sustainability and efficiency in production processes.

Another key player in the market is REC Silicon ASA, which specializes in solar-grade silicon production. With a robust commitment to renewable energy, REC Silicon is positioned to benefit from the growing demand for solar panels and related technologies. The company's focus on sustainability, combined with its expertise in high-purity silicon production, aligns well with the global shift toward clean energy solutions. Additionally, companies like Dow Corning Corporation and Shin-Etsu Chemical Co., Ltd. are also recognized for their innovative silicone products used across various applications, enhancing their competitive positions in this dynamic market. As the Silicon and Ferrosilicon market continues to evolve, these major players are likely to implement strategic initiatives that foster growth, improve operational efficiencies, and strengthen their market positions.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Elkem ASA
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Covestro AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 H Siemens AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Norilsk Nickel
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 REC Silicon ASA
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Wacker Chemie AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 American Elements
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 SunPower Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Dow Corning Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Ferrosilicon Alloys Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Silicon Products Company
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Shin-Etsu Chemical Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Pacific Silica & Calcium Corp.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Qingdao Huicheng New Material Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China National Bluestar (Group) Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Silicon and Ferrosilicon Sales Market, By Application
    • 6.1.1 Aluminum Industry
    • 6.1.2 Silicones
    • 6.1.3 Electronics
    • 6.1.4 Steel Industry
    • 6.1.5 Solar Panels
  • 6.2 Silicon and Ferrosilicon Sales Market, By Product Type
    • 6.2.1 Silicon Metal
    • 6.2.2 Metallurgical Grade Silicon
    • 6.2.3 Chemical Grade Silicon
    • 6.2.4 Solar Grade Silicon
    • 6.2.5 Ferrosilicon
  • 6.3 Silicon and Ferrosilicon Sales Market, By Distribution Channel
    • 6.3.1 Direct Sales
    • 6.3.2 Distributors
    • 6.3.3 Online Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Silicon and Ferrosilicon Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Silicon and Ferrosilicon Sales market is categorized based on

By Product Type

• Silicon Metal
• Metallurgical Grade Silicon
• Chemical Grade Silicon
• Solar Grade Silicon
• Ferrosilicon

By Application

• Aluminum Industry
• Silicones
• Electronics
• Steel Industry
• Solar Panels

By Distribution Channel

• Direct Sales
• Distributors
• Online Retail

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Wacker Chemie AG
• Elkem ASA
• Ferrosilicon Alloys Ltd.
• Pacific Silica & Calcium Corp.
• Dow Corning Corporation
• Shin-Etsu Chemical Co., Ltd.
• REC Silicon ASA
• Covestro AG
• SunPower Corporation
• Qingdao Huicheng New Material Co., Ltd.
• China National Bluestar (Group) Co., Ltd.
• Silicon Products Company
• H Siemens AG
• American Elements
• Norilsk Nickel